1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sashaice [31]
3 years ago
12

Find the simple interest paid for 10 years on a $10,000 loan at 4% per year.

Mathematics
2 answers:
olga2289 [7]3 years ago
8 0

\bf ~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad  \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\to& \$10000\\ r=rate\to 4\%\to \frac{4}{100}\to &0.04\\ t=years\to &10 \end{cases} \\\\\\ I=(10000)(0.04)(10)\implies I=4000

lutik1710 [3]3 years ago
3 0
We can first find the interest needed for a year:
10000×0.04
=$400

To find the interest paid for 10 years,we would multiply the interest needed for a year by 10,which is:

400×10
=$4000

Thus the simple interest paid for 10 years is $4000.

Hope it helps!
You might be interested in
If g(x) = (x) -5 ; find g(-5),g(0) and g(5).​
galina1969 [7]

Answer:

see below

Step-by-step explanation:

g(x) = (x) -5

Let x = -5

g(-5) = -5 -5 = -10

Let x= 0

g(0) = 0-5 = -5

Let x= 5

g(5) = 5-5 = 0

3 0
2 years ago
15x-(-3x-10)=38x-5(4x-2)
son4ous [18]
15x+3x+10 = 38x-20x+10
18x+10 = 18x+10
18x-18x = 10-10
0 = 0
The equation is true.
8 0
3 years ago
Pls help math question
Anna007 [38]

Answer:

Year 2004

Step-by-step explanation:

Population of a country in year 1995 = 286

Model that expresses the growth rate of the population is,

P(t) = 286(1.009)^{t-1995}

Here, t = year

a). For P = 311 million people

   311 = 286(1.009)^{t-1995}

   \text{log}(\frac{311}{286})=\text{log}(1.009)^{t-1995}

   log(311) - log(286) = (t - 1995)log(1.009)

   2.4928 - 2.4564 = (t - 1995)(0.00389)

   \frac{0.03639}{0.00389}=t-1995

   t = 1995 + 9.4

   t = 2004

In year 2004 population of the country will be 311.

5 0
3 years ago
Video Game Weather
skad [1K]

Answer: you can

Step-by-step explanation:

7 0
2 years ago
20 points pleas help!!
Anna [14]

I think if I did it right it should be B

5 0
2 years ago
Read 2 more answers
Other questions:
  • Can someone help me solve this question?<br> solve 54-10 ≥ 20+7x
    12·1 answer
  • Complete the inequality.<br><br> 11/20 ___ 55%<br><br> &lt;<br> =<br> &gt;
    12·1 answer
  • Javier rode his bike for a total of 41 minutes. Before lunch, he rode 1 minute less than 5 times the number of minutes he rode a
    9·1 answer
  • For the years between 2003 and 2010, the equation yˆ=937.98x+12,764.90 models the average cost of tuition of four-year colleges,
    15·1 answer
  • (a) There are $n$ chairs in a row. Find the number of ways of choosing $k$ of these chairs, so that no two chosen chairs are adj
    12·1 answer
  • Can you pls answer this for me?​
    10·1 answer
  • A bank offers an annual simple interest rate of 9% on home improvement
    12·1 answer
  • Please answer 23 and 24 for me pls pls pls
    10·1 answer
  • This is actually serious :/ I need help I can't solve this...
    9·1 answer
  • A telephone pole is 24 feet tall. a 26-foot guy wire is used to stabilize the pole. how far from the base of the telephone pole
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!